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London Taxi maker Manganese Bronze bought by China’s Geely

China automotive giant Geely has bought Manganese Bronze – makers of the iconic London Black Cab – in an £11.04 million deal. The iconic London Black Cab has been an accident waiting to happen for years, as under investment in making the Black Cab fit for the 21st century saw competition – like the Mercedes Vito Taxi and the Nissan NV200 Cab – start to offer serious competition to the taxi that identifies London. Despite an investment by China’s Geely – when Geely bought 20 per cent of Manganese Bronze, makers of the Black Cab – and the bulk of the Black Cab being produced in China and bolted together in the Midlands, the final nail in the coffin for Manganese Bronze was the recall of 400 TX4 cabs over a steering fault.

Aventador Sold Out. Will that mean cheap Gallardos?

Lamborghini Aventador LP700-4 - sold out for 2011 With production of the Lamborghini Aventador LP700-4 likely to run at no more than about 1,000 cars this year, it’s not the biggest shock in the world that we’re hearing every single LP700-4 slot for 2011 is already sold out. Whatever way you look at it, the LP700-4 does offer a remarkable set of performance stats, all wrapped up in a typically Lambo-esque body. It even gets a carbon fibre tub – long the preserve of the real high-end hypercars – and 0-60mph times that will spank the Huayra and have the Veyron looking over its shoulder.

54,000 learner drivers have points

54,000 LEARNER DRIVERS have received penalty points on their licences before even passing the driving test. This equates to 22% of all learner drivers on the road and the majority (60%) are for speeding offences. Other common causes for learner drivers to accumulate penalty points on their provisional licence include jumping a red light (43%), driving without insurance (33% and driving carelessly (15%).